Multibrand Car Workshops in India – a huge opportunity
Multi-brand service centres have a significant presence in developed economies, but you can see recent trends in India. It has been noticed that car owners look for alternative after the warranty period. Even the spare parts cost remains the same, but labour cost cheaper than OEM service centres.
The multi-brand car service market is estimated at about Rs 13,500 crore with 6.5 million cars. Going by current volumes, vehicle manufacturers who service the cars during two-year warranty period will have to maintain about 2.5 million cars during the warranty period. (Report – The Hindu)